@greenytrades

It was pretty obvious $BTC was going to have a god pump, when btc dominance was strong, total crypto market cap was moving higher, $ETH and $SOL had broken structure and alts were rallying hard for weeks Sometimes fundamentals (gut) need to be favoured compared to technical analysis, especially heading into bullish territory (becoming a delusional bull does normally help you)

A reminder, strength is strength for a reason. Sure other memes and alts will rally, but they will underperform relative to tokens that fit the narrative, have utility or produce revenue... ie strength Money to be made on any chart for sure, but longer term there's only about 10 - 15 alts worth my time.

Most (strong) altcoins and memecoins (and even betas) have now reclaimed their weekly emas. If we truly are moving into a bullish phase, any retest of these emas (12 and 25) are historically great entries for spot or longs Conversely in a bear trend, any retest / distribution can be a great short setup or confirmation of bearish continuation

memestocks are running less and less. a sign this narrative is becoming exhausted... look at xcat (xrp) and acat (avax), nice rallies but bleeding quickly back to irrelavance

$ai fakeout and now bearish breakdown and retest of now resistance, volume declining. It needs to hold this range otherwise we might see a breakout to the downside. https://t.co/G4TphcoQwo